RE: Trading Update9 Feb 2023 12:21
Davand
You’ve recently told everyone over at YGEN to but for a multi bagger and I may or may not happen.
Fact you’ve have 84% dilution but probably over 95% because I know you originally purchased a lot higher.
You took part in the subscription because you had no choice but to average down effectively.
That’s just to keep a fledgling company afloat.
We are churning out profits, no debts and cash in the bank. I’ve averaged down from way higher in MHC and happy to continue doing so. Many companies on the AIM are down over 70-90% as we speculate. I’m on average probably 20% down over all but am I bothered. Not a chance and will add purely because fundamentals are improving and the board delivering. We have products and cash and most importantly a honest and prudent board. The Penny will drop for you soon enough